Alphabet, Amazon and Microsoft reported significant Q3 growth: Alphabet’s profits rose 33 percent, Amazon’s 34 percent, and Microsoft’s 12 percent. The higher earnings are a reflection of the dominance of a few big companies that continue to expand into new markets. For example, enjoying the fruits of its flourishing cloud computing sector, Alphabet posted a 40 percent increase in non-advertising revenue, to $3.41 billion. News that Amazon obtained licenses from several state pharmaceutical boards also rocked the market. Continue reading Alphabet, Amazon, Microsoft Dominate With Major Q3 Growth

Google and Cisco Systems are partnering to help companies manage software and technology services in their own data centers or an external cloud service. The two tech titans’ collaboration is aimed at breaking through Amazon and Microsoft’s domination of cloud services. With the new deal, Google will have access to Cisco’s corporate clients and Cisco will get a boost in its transition from computing networking equipment to cloud services. Cisco also competes with rivals such as VMware, another Amazon ally. Continue reading Cisco, Google Partner to Gain Market Share in Cloud Services

Today, Samsung’s AI assistant Bixby can respond to a few commands and interact with a few apps and services. However, the new Bixby 2.0 will integrate technology from Viv Labs, which Samsung acquired a year ago for $215 million. Viv co-creators Adam Cheyer and Dag Kittlaus previously created Siri prior to being acquired by Apple. Bixby 2.0, which will be available on devices including Samsung Smart TVs and Family Hub refrigerators, will be able to interact with more services and in a more sophisticated manner. Continue reading Samsung Integrates Viv Labs Tech into AI Assistant Bixby 2.0

Intel, Facebook and other tech companies are working together on a chip aimed to power artificial intelligence that will also be direct competition for Nvidia’s chips. The new Intel chip will be built to accelerate deep learning, which, among other tasks, will allow computers to recognize objects in photos and specific words in speech. The chip, dubbed the Nervana Neural Network Processor and based on Intel’s acquisition of startup Nervana Systems, is slated to be released in limited quantities in 2018. Continue reading Intel Turns to Facebook, Other Tech Companies for AI Chip

At the Samsung Developer Conference in San Francisco this week, the company showcased its 360 Round video camera, which captures 360-degree 4K video that can be live-streamed or recorded. The camera, with 17 lenses, is slated for release in Q4. Samsung Electronics vice president Taeyoung Kim says the company is also developing a new version of mobile VR technology with a controller that offers six degrees of freedom (6DOF) and inside-out tracking. Samsung released its Gear VR headset in 2014, which offers three degrees of freedom. Continue reading Samsung’s 360 Round: 4K Camera Live-Streams 3D for VR

Cloud computing startup DigitalOcean, based in New York City, is taking on industry leaders Amazon Web Services, Microsoft Azure and Google Cloud by targeting smaller developers and startups. According to CEO and co-founder Ben Uretsky, DigitalOcean is offering simple and flexible solutions for smaller companies that may not necessarily need the same business-class services as larger companies. While it is not currently planning an IPO, DigitalOcean indicates it is on a $175 million annualized run rate (ARR) for this year. Continue reading DigitalOcean Provides Cloud Services for Smaller Businesses

While a formal announcement is pending, insiders report that 20th Century Fox, Warner Bros. and Universal Pictures are among the Hollywood studios that will be joining Disney’s Movies Anywhere service, which enables consumers to purchase movies from authenticated platforms — including Amazon Video, Fios by Verizon, Google Play, iTunes, Microsoft and Vudu — and store them in a digital locker so that they can be viewed on multiple devices. Disney Movies Anywhere, powered by KeyChest storage technology, was first introduced in 2014 when other studios were supporting the UltraViolet format. Continue reading Hollywood Studios Join Disney for Movies Anywhere Service

Comcast is introducing an $18-per-month “skinny bundle,” a new service the pay-TV provider has been testing and is now ready to roll out across different regions over the next few weeks. Xfinity Instant TV, which is available for Comcast’s 25.3 million broadband customers, is designed for cord cutters (and cord nevers), and will compete with OTT services such as Hulu Live TV, Sling TV and YouTube TV. Comcast’s service can be streamed at home or anywhere with a broadband connection. The company is specifically marketing to its customers that pay for Internet but not TV, hoping they will one day switch to a larger bundle. Continue reading Comcast Rolls Out ‘Skinny Bundle’ for Its Internet Customers

At the Microsoft Ignite annual IT event in Orlando, Florida this week, Microsoft announced it will soon debut a customer-service virtual assistant as part of its Dynamics 365 product line that will incorporate artificial intelligence. A user will be able to describe a problem in her own words, and the virtual assistant will answer by relying on user manuals, help documents and other materials. The customer can request a human, in which case the bot will assist the human customer service agent; a manager can view the result on a dashboard. Continue reading Microsoft Debuts AI-Powered Software, Customer Service Bot

IAC-owned Vimeo is purchasing the Livestream platform and rolling out its own live-streaming service called Vimeo Live. Terms of the deal were not disclosed. Earlier this year, Vimeo abandoned its plans to release a SVOD business. Rather than compete in the SVOD space with Amazon, Hulu and Netflix, “Vimeo’s core business is focused around selling tools and services to professional and semi-professional video creators,” reports TechCrunch. Integrating Livestream tech into Vimeo Live “will allow video creators to capture, edit, stream and archive their live events … in addition to hosting, distributing, and generating revenue from their videos.”  Continue reading Vimeo to Acquire Livestream Platform and Launch Vimeo Live

The new underwater cable between North America and Europe, built through a partnership between Facebook, Microsoft and Telxius (a subsidiary of Telefónica), is now complete. Dubbed Marea (Spanish for “tide”), the new 4,000-mile subsea cable runs at a depth of 17,000 feet under the Atlantic from Virginia Beach, Virginia to Bilbao, Spain and has been under construction since August 2016. Marea will offer a capacity of 160 terabits per second, and will help meet the demand for high-speed Internet and cloud services. Continue reading Facebook, Microsoft, Telxius Transatlantic Cable Is Complete

Equifax’s two cyber breaches, which exposed about 143 million Americans’ personal information, were the work of hackers who took advantage of a flaw in Apache Struts software. The nonprofit Apache Software Foundation and the U.S. Computer Emergency Readiness Team warned of the bug in early March, but Equifax only alerted its end users on September 7, almost five months later. IT experts say the event highlights the challenges in keeping software current and identifying all potentially vulnerable applications. Continue reading Equifax Breaches Spur Businesses to Prioritize Cybersecurity

The federal government, financial service companies, and other regulated industries store their most important data on tape, an old-fashioned and inconvenient format that is, nonetheless, impervious to hackers. As cyberattacks become more skillful and persistent, other companies are now following suit. Starting in the 1950s, digital tape, stored in on-site libraries, was the only means of reliable storage for massive amounts of data. Eventually, companies moved to digital records and, in recent years, the cloud. Continue reading Companies Return to Tape As Protection From Cyberattacks

Google launched a new site this week that offers startups a single location for accessing Google’s services and tools such as AdWords, Analytics, Android Studio, Firebase, Google Cloud and G Suite. “Startup with Google” also highlights Google’s Campus co-working spaces for entrepreneurs and its Google Developers Launchpad programs for providing mentorship and equity-free support. In addition to promoting Google’s own accelerators and events, the new site links to community programs and tech hubs run by third parties. Continue reading ‘Startup with Google’ Site Bundles Resources in Central Hub

Video consumption is continuing its transition from the living room to mobile devices. Android users in the U.S. watched nearly 1 billion hours worth of YouTube video content in July — the most time ever spent over a month in a single streaming video app. According to App Annie, the Android version of YouTube’s app accounted for about 80 percent of the 12 billion hours Americans spent between July 2016 and July 2017 using the top 10 Android apps for streaming video. Total time spent by consumers using video streaming apps jumped 45 percent from the previous year. Following YouTube is Netflix, Twitch, Hulu and Amazon Video. Continue reading YouTube Video Is Increasingly Popular as Viewers Go Mobile